To buy a cocoa spring machine and more fertilizer

Frimpong

Berekum, Ghana

6% repaid

Follow Frimpong

How it Works

Entrepreneur

Name

Frimpong

Member since

September 2016

On-time repayments

107 installments • 59%

About Me

Frimpong Francis is my name. I am a young man of twenty four years old. I went to Wamfie Presbyterian Primary and JHS. After complering junior high school, I was not able to further my education. Is because of my parents have no money to take care of my education.

I Staying in the house for about two years, I get opportunity to learn photography from my father's junior brother. Not only did I learn photography by also learn shaving. I am now a photographer and a barber. This is how I overcome hardship in life.
The people in my community are hardworking. Minority of the are fermers. The festival they celebrate is called Kwafie.
The children in my community wants to be entrepreneur s when they grow others want to be public servants as well.
The hobby I like best is football. Football is played by two parties with each party having eleven players. One party occupy one side of the football pitch while the other party occupy the other half of the pictch. The game is played in ninety minutes. At the end of the ninety minutes, the team this has scored more goals thant the opponent is declared winner of the game.

My Business

I am a photographer and a barber. I have a shop in which I do this business. I have many customers in my community. I have advantage over my competitors because I charge moderate amount for my services.
It cost $400 to run my business on monthly basis. The revenue I generate is $25 on daily basis
I use my profit in investing in cocoa farm. Part of the income is donated to orphans.

Loan Proposal

I thanks all my lenders for given me another loan to support my business. Please i need this loan to buy a cocoa spring machine, so that every time geams appears or cames or my cocoa farms i can use it to spray to kill geams.And i will use some to buy more fertilizer so that my cocoa can growth up and get more cocoa bean's.

I will use 70% of my loan to support my cocoa farming and use the 30% to support my barbering and my photograph studio.

The spring machine will cost $65.
And i will buy 10 bags of fertilizer all will cost $70

And i will use the 30% of my loan to buy stepliazer to help at my barbering shop,so that it will kill geams after shaving hair cut.